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Ransomware Attack Delays Commitment of Traders Report
Published February 6, 2023
The weekly Commodity Futures Trading Commission Commitment of Traders Report is unavailable. A third-party financial data firm is unable to provide the information due to a cyber-attack. A ransom was reportedly paid to a hacking group called LockBit. It may…Tensions Rise Over Suspected Spy Balloon
Published February 6, 2023
China is criticizing the Biden Administration’s decision to shoot down the suspected surveillance balloon. A Chinese foreign ministry official said the U.S.’s use of force is “a clear overreaction and a serious violation of international practice.” A threat of retaliation…WOTUS: An Existential Crisis for North Dakota
Published February 3, 2023
North Dakota Congressman Kelly Armstrong says the Waters of the United States rule is detrimental to the farmers and ranchers in the Northern Plains. "It's an existential crisis to North Dakota. Every single ag producer and every single cattle rancher know…Divided Government Influences Legislative Agenda
Published February 3, 2023
The Republicans have a slim nine-vote margin in the House. In the Senate, the Democrats have a two-vote majority. In an interview with the Red River Farm Network, Minnesota Senator Tina Smith was asked how big issues, like immigration or…EWG Database Described as ‘Misleading’
Published February 2, 2023
The Environmental Working Group's so-called Farm Subsidy Database has been highlighting farm program payments since 1995. Rather than releasing the names of all farmers receiving payments, USDA now lists the lender. AgCountry Farm Credit Services President and CEO Marc Knisely…More Aggressive Approach Expected With China
Published February 1, 2023
With the Air Force declaring Fufeng USA a national security threat, the proposed Grand Forks project will likely not happen. In an interview with the Red River Farm Network, North Dakota Senator Kevin Cramer said Fufeng has become “a flashpoint,”…Reference Price Increase Dependent on Financial Resources
Published February 1, 2023
Budget resources are expected to be limited going into the farm bill debate. At the same time, the economics have changed in farming and ranching. South Dakota Senator John Thune said agriculture is asking for an increase in reference prices.…EWG Highlights Lenders in Latest Farm Payment Database
Published February 1, 2023
The Environmental Working Group is out with its latest farm subsidy database. Rather than releasing the names of farmers receiving government payments, USDA is now releasing the name of the bank or financial institution financing the farm’s operating loan. EWG…A Threat to National Security
Published January 31, 2023
The U.S. Air Force considers the proposed Fufeng corn wet milling project in Grand Forks to be “a significant threat to national security.” The Fufeng Group is a Chinese-owned food manufacturing company that purchased 370 acres of land 12 miles…